Zerodha Email- Launch of MCX-SX – Feb 7, 2013
MCX-SX is India’s new stock exchange promoted by the Financial Technologies Group and is launching on February 9, 2013. Equity shares of around 1116 companies will initially be permitted for trading on the Capital Markets segment. We are still waiting for information on the various derivative products and will keep you all updated on Z-Connect.
I am very happy to share this news with you that we have received the SEBI Certificate approving us as a Trading Member on MCX-SX this week. Just in time to start opening MCX-SX trading accounts from Monday – February 11, 2013 onwards. MCX-SX will go live on our trading platform Zerodha Trader during the course of next week.
We have come a long way from when we initially could offer you trading only on NOW, to today being able to offer all exchanges on one trading platform with better technology and without increasing your costs. Click here to learn more about all the features on Zerodha Trader, do read about our SPAN Calculator, placing SL/SL-M orders and much, much more!
Through Z-Connect we can share and discuss about topics that can help your trading business. One very popular article has been on taxation. If you have any queries that need to be answered which hasn’t already been answered on Z-Connect, then send us an email to [email protected] We will try and put it up for you at the earliest.
As a “Thank You” for being part of our journey, we would be offering trading on MCX-SX (Equity and Derivatives) at Rs 0/trade until March 31, 2013
To have your MCX-SX account activated, please print this document and send it out to us along with a copy of your PAN Card and income proof (if you wish to trade F&O) at the earliest.
Please note that the MCX-SX currency trading will be charged normally at 0.01% of the turnover or Rs 20 per executed order whichever is lower. All taxes and other charges will be as applicable and the details would be updated on our brokerage calculator. Same funds can be used across NSE, BSE & MCX-SX on Zerodha Trader.
Thanks once again!